Another banger report from @HyperliquidR just dropped.
Trade[XYZ] Q1 2026 in a nutshell:
> $112B volume in Q1 while competitors lost 40-67%
> 33% of total HL volume, 92% of HIP-3 OI
> $7.93M revenue, $40M annualized (fees 90% off)
> OI from $181M to $1.94B, ATHs 48 days straight
> CL-USDC beat ETH in daily volume during Hormuz
> First ever licensed S&P 500 perp on a DEX
Solid work from the HRC team as always. Congrats @tradexyz on the quarter!
Full report here:
HIP3LIQUID.
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